Study: Single-Payer System Would Save $592B Annually
Enacting a single-payer health care system in the U.S. would save the federal government about $592 billion annually, according to a study released Wednesday by an economics professor at the University of Massachusetts-Amherst. The savings would come from reducing administrative spending and negotiating prescription drug prices, the study found. The research was based on a system proposed in a bill (HR 676) by Rep. John Conyers (D-Mich.).
- "Study: Single-Payer Health Care System Would Save Billions" (Seligman, "Healthwatch," The Hill, 7/31).